Microeconomics [Competency Based]

Microeconomics teaches students about the structure of economics and how it affects world events and people’s everyday lives. Upon completing this course, students have a better understanding of personal finance, the role and process of taxation, and the risks and rewards of investment. The course discusses the need for economic systems, examines the concepts of supply and demand and consumer theory, and evaluates past and present occupation trends. Students compare the mixed economies of various nations; learn about traditional, command, and market economies; and examine the role of government in regulating the economy.